Iranian Transactions Regulations, 73788-73789 [E8-28711]

Download as PDF 73788 Federal Register / Vol. 73, No. 234 / Thursday, December 4, 2008 / Rules and Regulations which the AMOC applies, notify your appropriate principal inspector (PI) in the FAA Flight Standards District Office (FSDO), or lacking a PI, your local FSDO. (2) Airworthy Product: For any requirement in this AD to obtain corrective actions from a manufacturer or other source, use these actions if they are FAA-approved. Corrective actions are considered FAAapproved if they are approved by the State of Design Authority (or their delegated agent). You are required to assure the product is airworthy before it is returned to service. (3) Reporting Requirements: For any reporting requirement in this AD, under the provisions of the Paperwork Reduction Act, the Office of Management and Budget (OMB) has approved the information collection requirements and has assigned OMB Control Number 2120–0056. (4) Special Flight Permits: Special flight permits, as described in Section 21.197 and Section 21.199 of the Federal Aviation Regulations (14 CFR 21.197 and 21.199), are not allowed. Related Information (h) Refer to MCAI Canadian Airworthiness Directive CF–2008–21, dated June 12, 2008; and Bombardier Temporary Revision 2B– 2136, dated May 1, 2008, to the Bombardier CL–600–2B19 Maintenance Requirements Manual, Part 2, Appendix B—Airworthiness Limitations; for related information. Material Incorporated by Reference erowe on PROD1PC64 with RULES (i) You must use Bombardier Temporary Revision 2B–2136, dated May 1, 2008, to the Bombardier CL–600–2B19 Maintenance Requirements Manual, Part 2, Appendix B— Airworthiness Limitations Section, to do the actions required by this AD, unless the AD specifies otherwise. (1) The Director of the Federal Register approved the incorporation by reference of this service information under 5 U.S.C. 552(a) and 1 CFR part 51. (2) For service information identified in ˆ this AD, contact Bombardier, Inc., 400 Cote´ Vertu Road West, Dorval, Quebec H4S 1Y9, Canada; telephone 514–855–5000; fax 514– 855–7401; e-mail thd.crj@aero.bombardier.com; Internet http:// www.bombardier.com. (3) You may review copies at the FAA, Transport Airplane Directorate, 1601 Lind Avenue SW., Renton, Washington; or at the National Archives and Records Administration (NARA). For information on the availability of this material at NARA, call (202) 741–6030, or go to: http:// www.archives.gov/federal_register/ code_of_federal_regulations/ ibr_locations.html. Issued in Renton, Washington, on November 19, 2008. Stephen P. Boyd, Assistant Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. E8–28365 Filed 12–3–08; 8:45 am] BILLING CODE 4910–13–P VerDate Aug<31>2005 15:50 Dec 03, 2008 Jkt 217001 DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 560 Iranian Transactions Regulations Office of Foreign Assets Control, Treasury. ACTION: Final rule. AGENCY: SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is amending the Iranian Transactions Regulations to expand the scope of Appendix A to Part 560 to include non-financial as well as financial institutions determined to be owned or controlled by the Government of Iran, and to add to the appendix three non-financial institutions that have been determined to be owned or controlled by the Government of Iran: The National Iranian Oil Company (a.k.a. NIOC), Naftiran Intertrade Company Ltd (a.k.a. NICO), and Naftiran Intertrade Co. (NICO) Sarl. DATES: Effective Date: December 3, 2008. FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, Outreach & Implementation, tel.: 202/ 622–2490, Assistant Director for Licensing, tel.: 202/622–2480, Assistant Director for Policy, tel.: 202/622–4855, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622–2410, Office of the General Counsel, Department of the Treasury, Washington, DC 20220 (not toll free numbers). SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (http:// www.treas.gov/ofac) or via facsimile through a 24-hour fax-on demand service, tel.: 202/622–0077. Background The Iranian Transactions Regulations, 31 CFR part 560 (the ‘‘ITR’’), implement a series of Executive orders that began with Executive Order 12613, which was issued on October 29, 1987, pursuant to authorities including the International Security and Development Cooperation Act of 1985 (22 U.S.C. 2349aa–9). In that Order, after finding, inter alia, that the Government of Iran was actively supporting terrorism as an instrument of state policy, the President prohibited the importation of Iranian-origin goods and services. Subsequently, in Executive Order 12957, issued on March 15, 1995, under the authority of, inter alia, the International Emergency PO 00000 Frm 00028 Fmt 4700 Sfmt 4700 Economic Powers Act (50 U.S.C. 1701– 1706) (‘‘IEEPA’’), the President declared a national emergency with respect to the actions and policies of the Government of Iran, including its support for international terrorism, its efforts to undermine the Middle East peace process, and its efforts to acquire weapons of mass destruction and the means to deliver them. To deal with that threat, Executive Order 12957 imposed prohibitions on certain transactions with respect to the development of Iranian petroleum resources. On May 6, 1995, to further respond to this threat, the President issued Executive Order 12959, which imposed comprehensive trade and financial sanctions on Iran. Finally, on August 19, 1997, the President issued Executive Order 13059 consolidating and clarifying the previous orders. The ITR implement these Executive orders and prohibit various transactions, including, among others, transactions with the Government of Iran, a term defined in § 560.304 to include any entity owned or controlled by the Government of Iran, which is a term that is itself defined in § 560.313 of the ITR. Since its initial publication in 1999, Appendix A to Part 560 has listed financial institutions that OFAC determined to be entities owned or controlled by the Government of Iran, within the meaning of §§ 560.304 and 560.313 of the ITR. This appendix is intended to assist U.S. persons in complying with the ITR. OFAC is expanding the scope of appendix A to include all categories of entities, not just financial institutions. This change will allow OFAC to give notice when it determines that any entity is owned or controlled by the Government of Iran. OFAC is expanding the scope of appendix A today in order to add the National Iranian Oil Company (a.k.a. NIOC), Naftiran Intertrade Company Ltd (a.k.a. NICO), and Naftiran Intertrade Co. (NICO) Sarl to the appendix as entities that are owned or controlled by the Government of Iran within the meaning of §§ 560.304 and 560.313 of the ITR. The ITR prohibit most transactions with any entity, wherever located, that is owned or controlled by the Government of Iran. It is important to note that Appendix A to Part 560 is not a comprehensive list of entities owned or controlled by the Government of Iran. Even if an entity is not listed in appendix A, if it is owned or controlled by the Government of Iran, U.S. persons are prohibited from engaging in transactions with that entity, in any of its locations worldwide, to the same extent that U.S. persons are prohibited from engaging in transactions E:\FR\FM\04DER1.SGM 04DER1 Federal Register / Vol. 73, No. 234 / Thursday, December 4, 2008 / Rules and Regulations with the entities listed in appendix A. A U.S. person also is prohibited from engaging in most transactions with entities located in Iran that are not owned or controlled by the Government of Iran. Finally, please be aware that certain entities listed in Appendix A to Part 560 may be subject to further sanctions under other sanctions programs. Public Participation Because the amendment of the ITR involves a foreign affairs function, the provisions of Executive Order 12866 and the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, opportunity for public participation, and delay in effective date are inapplicable. Because no notice of proposed rulemaking is required for this rule, the Regulatory Flexibility Act (5 U.S.C. 601–612) does not apply. Paperwork Reduction Act The collections of information related to the ITR are contained in 31 CFR part 501 (the ‘‘Reporting, Procedures and Penalties Regulations’’). Pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3507), those collections of information have been approved by the Office of Management and Budget under control number 1505–0164. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid control number. List of Subjects in 31 CFR Part 560 Administrative practice and procedure, Banks, Banking, Brokers, Foreign trade, Investments, Loans, Securities, Iran. ■ For the reasons set forth in the preamble, the Office of Foreign Assets Control amends 31 CFR part 560 as follows: PART 560—IRANIAN TRANSACTIONS REGULATIONS 1. The authority citation of part 560 continues to read as follows: erowe on PROD1PC64 with RULES ■ Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 2349aa–9; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 106–387, 114 Stat. 1549; Pub. L. 110– 96, 121 Stat. 1011; E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217. 19 and 20 as 22 and 23, respectively, and adding new paragraphs 19, 20, and 21, to read as follows: ENVIRONMENTAL PROTECTION AGENCY Appendix A to Part 560—Entities Determined To Be Owned or Controlled by the Government of Iran [EPA–HQ–OAR–2004–0008; FRL–8712–8] This non-exhaustive appendix lists entities determined by the Office of Foreign Assets Control (‘‘OFAC’’) to be entities owned or controlled by the Government of Iran within the meaning of §§ 560.304 and 560.313 of this part 560. The entities listed below are considered to be entities owned or controlled by the Government of Iran when they operate not only from the locations listed below, but also from any other location. The names and addresses are subject to change. This part 560 contains prohibitions against engaging in most transactions with entities owned or controlled by the Government of Iran, whether such entities are located or incorporated inside or outside of Iran. Moreover, regardless of whether an entity is listed below, if the entity is owned or controlled by the Government of Iran, the prohibitions on engaging in transactions with the entity, wherever located worldwide, apply to the same extent they would apply if the entity were listed in this appendix. Note that the prohibitions in this part 560 also apply to transactions with entities located in Iran that are not owned or controlled by the Government of Iran. Finally, please be aware that certain entities listed in this appendix may be subject to further sanctions under other sanctions programs. * * * * * 19. NATIONAL IRANIAN OIL COMPANY, (a.k.a. NIOC) Hafez Crossing, Taleghani Avenue, P.O. Box 1863 and 2501, Tehran, Iran 20. NAFTIRAN INTERTRADE COMPANY LTD, (a.k.a. NICO); a.k.a. Naft Iran Intertrade Ltd, 22 Grenville St, St Helier, Jersey Channel Islands JE4 8PX, United Kingdom; 22 Grenville St, St Helier, Jersey, Channel Islands JE2 4UF, United Kingdom; 5th floor, Petro Pars Building, Saadat Abad Avenue, No. 35, Farhang Blvd, Tehran, Iran 21. NAFTIRAN INTERTRADE CO. (NICO) Sarl, 6, Avenue de la Tour Haldimand, 1009 Pully, VD, Switzerland * * * * * Barbara C. Hammerle, Acting Director, Office of Foreign Assets Control. [FR Doc. E8–28711 Filed 12–3–08; 8:45 am] BILLING CODE 4811–45–P 2. Amend Appendix A to Part 560 by revising the heading and introductory text, as well as redesignating paragraphs ■ VerDate Aug<31>2005 15:50 Dec 03, 2008 Jkt 217001 73789 PO 00000 Frm 00029 Fmt 4700 Sfmt 4700 40 CFR Parts 1045, 1054, and 1065 RIN 2060–AM34 Control of Emissions From Nonroad Spark-Ignition Engines and Equipment Correction In rule document E8–21093 beginning on page 59034 in the issue of Wednesday, October 8, 2008, make the following corrections: § 1045.205 [Corrected] 1. On page 59205, in the third column, in § 1045.205(q), in the fifth line, ‘‘CO2’’ should read ‘‘CO2’’. § 1045.315 [Corrected] 2. On page 59212, in the second column, in § 1045.315(b), the equation should read as follows: ‘‘Ci = Max [0 or Ci¥1 + Xi ¥ (STD + 0.25 × s)]’’ 3. On the same page, in the same column, in § 1045.315(f), in the fourth line, ‘‘5.0 x s’’ should read ‘‘5.0 × s’’. § 1054.112 [Corrected] 4. On page 59264, in the first column, in § 1054.112(b)(2), in the first line, ‘‘m2 day’’ should read ‘‘m2/day’’. § 1065.370 [Corrected] 5. On page 59329, in the first column, in § 1065.370(c), in the third line, ‘‘± 3% or less’’ should read ‘‘± 2% or less’’. [FR Doc. Z8–21093 Filed 12–3–08; 8:45 am] BILLING CODE 1505–01–D DEPARTMENT OF THE INTERIOR Bureau of Land Management 43 CFR Part 3800 [LLWO32000.L13300000.PO0000.24–1A] RIN 1004–AE00 Mining Claims Under the General Mining Laws Bureau of Land Management, Interior. ACTION: Interim final rule. AGENCY: SUMMARY: The Bureau of Land Management (BLM) is issuing this interim final rule to amend the BLM’s regulations for Mining Claims under the General Mining Laws. The rule responds to a Federal district court decision that required the BLM to evaluate whether the regulations E:\FR\FM\04DER1.SGM 04DER1

Agencies

[Federal Register Volume 73, Number 234 (Thursday, December 4, 2008)]
[Rules and Regulations]
[Pages 73788-73789]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-28711]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 560


Iranian Transactions Regulations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (``OFAC'') is amending the Iranian Transactions Regulations to 
expand the scope of Appendix A to Part 560 to include non-financial as 
well as financial institutions determined to be owned or controlled by 
the Government of Iran, and to add to the appendix three non-financial 
institutions that have been determined to be owned or controlled by the 
Government of Iran: The National Iranian Oil Company (a.k.a. NIOC), 
Naftiran Intertrade Company Ltd (a.k.a. NICO), and Naftiran Intertrade 
Co. (NICO) Sarl.

DATES: Effective Date: December 3, 2008.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, 
Outreach & Implementation, tel.: 202/622-2490, Assistant Director for 
Licensing, tel.: 202/622-2480, Assistant Director for Policy, tel.: 
202/622-4855, Office of Foreign Assets Control, or Chief Counsel 
(Foreign Assets Control), tel.: 202/622-2410, Office of the General 
Counsel, Department of the Treasury, Washington, DC 20220 (not toll 
free numbers).

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (http://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on demand service, tel.: 202/622-0077.

Background

    The Iranian Transactions Regulations, 31 CFR part 560 (the 
``ITR''), implement a series of Executive orders that began with 
Executive Order 12613, which was issued on October 29, 1987, pursuant 
to authorities including the International Security and Development 
Cooperation Act of 1985 (22 U.S.C. 2349aa-9). In that Order, after 
finding, inter alia, that the Government of Iran was actively 
supporting terrorism as an instrument of state policy, the President 
prohibited the importation of Iranian-origin goods and services. 
Subsequently, in Executive Order 12957, issued on March 15, 1995, under 
the authority of, inter alia, the International Emergency Economic 
Powers Act (50 U.S.C. 1701-1706) (``IEEPA''), the President declared a 
national emergency with respect to the actions and policies of the 
Government of Iran, including its support for international terrorism, 
its efforts to undermine the Middle East peace process, and its efforts 
to acquire weapons of mass destruction and the means to deliver them. 
To deal with that threat, Executive Order 12957 imposed prohibitions on 
certain transactions with respect to the development of Iranian 
petroleum resources. On May 6, 1995, to further respond to this threat, 
the President issued Executive Order 12959, which imposed comprehensive 
trade and financial sanctions on Iran. Finally, on August 19, 1997, the 
President issued Executive Order 13059 consolidating and clarifying the 
previous orders.
    The ITR implement these Executive orders and prohibit various 
transactions, including, among others, transactions with the Government 
of Iran, a term defined in Sec.  560.304 to include any entity owned or 
controlled by the Government of Iran, which is a term that is itself 
defined in Sec.  560.313 of the ITR. Since its initial publication in 
1999, Appendix A to Part 560 has listed financial institutions that 
OFAC determined to be entities owned or controlled by the Government of 
Iran, within the meaning of Sec. Sec.  560.304 and 560.313 of the ITR. 
This appendix is intended to assist U.S. persons in complying with the 
ITR. OFAC is expanding the scope of appendix A to include all 
categories of entities, not just financial institutions. This change 
will allow OFAC to give notice when it determines that any entity is 
owned or controlled by the Government of Iran.
    OFAC is expanding the scope of appendix A today in order to add the 
National Iranian Oil Company (a.k.a. NIOC), Naftiran Intertrade Company 
Ltd (a.k.a. NICO), and Naftiran Intertrade Co. (NICO) Sarl to the 
appendix as entities that are owned or controlled by the Government of 
Iran within the meaning of Sec. Sec.  560.304 and 560.313 of the ITR. 
The ITR prohibit most transactions with any entity, wherever located, 
that is owned or controlled by the Government of Iran.
    It is important to note that Appendix A to Part 560 is not a 
comprehensive list of entities owned or controlled by the Government of 
Iran. Even if an entity is not listed in appendix A, if it is owned or 
controlled by the Government of Iran, U.S. persons are prohibited from 
engaging in transactions with that entity, in any of its locations 
worldwide, to the same extent that U.S. persons are prohibited from 
engaging in transactions

[[Page 73789]]

with the entities listed in appendix A. A U.S. person also is 
prohibited from engaging in most transactions with entities located in 
Iran that are not owned or controlled by the Government of Iran. 
Finally, please be aware that certain entities listed in Appendix A to 
Part 560 may be subject to further sanctions under other sanctions 
programs.

Public Participation

    Because the amendment of the ITR involves a foreign affairs 
function, the provisions of Executive Order 12866 and the 
Administrative Procedure Act (5 U.S.C. 553) requiring notice of 
proposed rulemaking, opportunity for public participation, and delay in 
effective date are inapplicable. Because no notice of proposed 
rulemaking is required for this rule, the Regulatory Flexibility Act (5 
U.S.C. 601-612) does not apply.

Paperwork Reduction Act

    The collections of information related to the ITR are contained in 
31 CFR part 501 (the ``Reporting, Procedures and Penalties 
Regulations''). Pursuant to the Paperwork Reduction Act of 1995 (44 
U.S.C. 3507), those collections of information have been approved by 
the Office of Management and Budget under control number 1505-0164. An 
agency may not conduct or sponsor, and a person is not required to 
respond to, a collection of information unless the collection of 
information displays a valid control number.

List of Subjects in 31 CFR Part 560

    Administrative practice and procedure, Banks, Banking, Brokers, 
Foreign trade, Investments, Loans, Securities, Iran.

0
For the reasons set forth in the preamble, the Office of Foreign Assets 
Control amends 31 CFR part 560 as follows:

PART 560--IRANIAN TRANSACTIONS REGULATIONS

0
1. The authority citation of part 560 continues to read as follows:

    Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 
2349aa-9; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 
101-410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 106-387, 114 
Stat. 1549; Pub. L. 110-96, 121 Stat. 1011; E.O. 12613, 52 FR 41940, 
3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 
Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; 
E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217.


0
2. Amend Appendix A to Part 560 by revising the heading and 
introductory text, as well as redesignating paragraphs 19 and 20 as 22 
and 23, respectively, and adding new paragraphs 19, 20, and 21, to read 
as follows:

Appendix A to Part 560--Entities Determined To Be Owned or Controlled 
by the Government of Iran

    This non-exhaustive appendix lists entities determined by the 
Office of Foreign Assets Control (``OFAC'') to be entities owned or 
controlled by the Government of Iran within the meaning of 
Sec. Sec.  560.304 and 560.313 of this part 560. The entities listed 
below are considered to be entities owned or controlled by the 
Government of Iran when they operate not only from the locations 
listed below, but also from any other location. The names and 
addresses are subject to change. This part 560 contains prohibitions 
against engaging in most transactions with entities owned or 
controlled by the Government of Iran, whether such entities are 
located or incorporated inside or outside of Iran. Moreover, 
regardless of whether an entity is listed below, if the entity is 
owned or controlled by the Government of Iran, the prohibitions on 
engaging in transactions with the entity, wherever located 
worldwide, apply to the same extent they would apply if the entity 
were listed in this appendix. Note that the prohibitions in this 
part 560 also apply to transactions with entities located in Iran 
that are not owned or controlled by the Government of Iran. Finally, 
please be aware that certain entities listed in this appendix may be 
subject to further sanctions under other sanctions programs.
* * * * *
19. NATIONAL IRANIAN OIL COMPANY, (a.k.a. NIOC) Hafez Crossing, 
Taleghani Avenue, P.O. Box 1863 and 2501, Tehran, Iran
20. NAFTIRAN INTERTRADE COMPANY LTD, (a.k.a. NICO); a.k.a. Naft Iran 
Intertrade Ltd, 22 Grenville St, St Helier, Jersey Channel Islands 
JE4 8PX, United Kingdom; 22 Grenville St, St Helier, Jersey, Channel 
Islands JE2 4UF, United Kingdom; 5th floor, Petro Pars Building, 
Saadat Abad Avenue, No. 35, Farhang Blvd, Tehran, Iran
21. NAFTIRAN INTERTRADE CO. (NICO) Sarl, 6, Avenue de la Tour 
Haldimand, 1009 Pully, VD, Switzerland
* * * * *

Barbara C. Hammerle,
Acting Director, Office of Foreign Assets Control.
[FR Doc. E8-28711 Filed 12-3-08; 8:45 am]
BILLING CODE 4811-45-P